Doom: Energy Price Cap

[_V_]

Rather than all this energy price cap nonsense, why not just go to basic income for everyone. Say £20K per year for everyone, and remove the tax free allowance and benefits system.

[AtW]

They’ll turn this into new tax “on the well off” - they will pay more for energy to subsidise energy use of those who are “not well off”

In the meantime businesses still got no cap in place and one is supposed to be backdated to October

[SueEllen]

The only way is up...

https://www.theguardian.com/money/20...il-say-sources

The Treasury is considering raising the energy cap from its current level of £2,500 from next April, with discussions in progress over whether to announce a new policy at next week’s autumn statement.
Two government sources said there was an active debate in the Treasury about announcing the level of support from April after Jeremy Hunt, the chancellor, cancelled Liz Truss’s plan to keep the current cap at £2,500 for a typical annual bill for two years.

A government source said no decisions had been taken yet but that raising the level of cap while adding extra support for vulnerable people was “one of the options”.